Electricity Companies Want to Increase Rs. 4.99 Per Unit Tariff

Electricity Companies Want to Increase Rs. 4.99 Per Unit Tariff. The Central Power Purchasing Agency (CPPA), representing Ex-WAPDA Distribution Companies (XWDISCOs), has proposed a hike of Rs. 4.99 per unit for February 2024 bills through the monthly Fuel Charges Adjustment (FCA) mechanism.

To address this matter, the National Power Electric Regulatory Authority has scheduled a public hearing on March 28, 2024.

Electricity Companies Want to Increase Rs. 4.99 Per Unit Tariff

CPPA seeks another Rs4.99/unit increase in power tariff

In accordance with Section 31(7) of the NEPRA Act (XL of 1997) and the monthly fuel price adjustment mechanism outlined by NEPRA in the tariff determinations of Ex-WAPDA Distribution Companies (XWDISCOs), the regulatory authority is empowered to make adjustments to the approved tariff on a monthly basis. These adjustments are based on variations in fuel charges and policy guidelines issued by the federal government. The adjusted tariff is then notified by NEPRA.

Electricity Companies Want to Increase Unit Tariff

According to data from CPPA-G, the total power generated from various fuel sources in February amounted to 7,130 gigawatt-hours (GWh) at a rate of Rs. 8.695 per unit, totaling Rs. 62 billion. Electricity Companies Want to Increase Rs. 4.99 Per Unit Tariff, Out of this, approximately 96.43 percent, equivalent to 6,876 GWh, was supplied to Distribution Companies (DISCOs) at a rate of Rs. 9.435 per unit, amounting to Rs. 64.8 billion.

X GWh % Millions Rs. Rs./kWh
Energy Generated 7,130 99.8% 61,996 8.695
Previous adjustment – 0% 3,910 0.5484
Sale to IPPs (29) -0.41% (1,102) 37.7376
Transmission Losses (225) -3.16% – 0.2992
Net Delivered to DISCOs 6,876 96.43% 64,804 9.4254

Electricity prices up by Rs4.99 per unit

Based on CPPA-G data, an increase of Rs. 4.9917 per kilowatt-hour (kWh) over the reference fuel charges, as per the notified Annex-IV of NEPRA’s decision for Ex-WAPDA Distribution Companies (XWDISCOs), i.e., Rs. 4.4337 per kWh, has been requested for the month of February 2024.

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Waqas Anjumhttps://pakistanalerts.pk
I am a Pakistani blogger, I love to write educational articles. my goal is to help my Pakistani students.

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